Simrad Optronics Chooses eMagin Microdisplay for Targeting System; Microdisplay Delivers Low-Power, Rugged Solution

eMagin Corporation (AMEX: EMA), a leader in virtual
imaging technology, is providing its microdisplays for Simrad
Optronics' LP10TL Target Locator. The LP10TL is a fully integrated
fire control solution.
   The LP10TL provides instant target coordinates and fall-of-shot
correction. The device is menu-driven and works well with field
measurement devices, thermal cameras, terminals, gyros, and similar
equipment. Providing dual 7x or 12x magnification and operating
effectively from temperatures as low as -30 degrees C, the target
locator system also incorporates GPS, digital magnetic compass, and a
high-resolution OLED display. Its modular design offers a large number
of possible configurations to meet each customer's specific
requirements.
   "The LP10TL represents a major step in laser range finding
design," said Eirik Malterud, Marketing Manager, Simrad Optronics. "We
wanted to give the modern soldier every advantage in a combat
situation where every shred of information is vital. That's why clear,
quick display of information is so important. There's no need to plug
the device into a computer to reprogram it in order to site the target
or access the menus.
   "We're pleased that eMagin displays meet the rigorous needs of
Simrad and its customers," said Susan Jones, executive vice president
and chief strategy and marketing officer, eMagin Corporation. "We
consistently strive to ensure that our technology meets the most
stringent performance requirements - particularly for low-power
performance under adverse conditions."
   eMagin is the only company to commercialize active-matrix OLED
microdisplays. OLED pixels refresh up to a thousand times as faster
than LCD pixels. And because eMagin's patented architecture buffers
data at individual pixel sites, the image delivered is flicker-free.
   Because OLED materials emit light, OLED displays are thinner and
consume less power than conventional LCDs. In addition, OLED displays
offer higher contrast and a wider dispersion of light, making them
more comfortable and usable for near-eye applications.

   About Simrad Optronics

   Simrad Optronics ASA is today one of the key suppliers of military
and industrial electro-optical instruments in the world. The company
is situated in Oslo, Norway, with a subsidiary in Crawley, England.
Simrad Optronics is a public company on the Oslo Stock Exchange,
Simrad has been co-operating closely with the Norwegian Defense
Research Establishment and the military users as well as with the
industrial environment since the very beginning in 1969. In this way
technical know-how as well as practical experience have been made
available and incorporated in the instruments manufactured. Innovative
research and development combined with the company's ability to
diversify into new fields have resulted in a wide range of products,
which are world leaders in their field.

   About eMagin Corporation

   A leader in virtual imaging technology, eMagin integrates
high-resolution OLED microdisplays, magnifying optics, and systems
technologies to create a virtual image that appears comparable to that
of a computer monitor or a large-screen television. With unique
technology for producing high-performance small molecule
OLED-on-silicon microdisplays and related optical systems, eMagin is
the only company to supply these displays in commercial quantities to
OEMs. In addition, the company sells integrated modules to military,
industrial and medical customers, and has recently announced its first
consumer system, the Z800 3DVisor. eMagin's microdisplay operations
are co-located with IBM on its campus in East Fishkill, N.Y. Optics
and system design facilities are located in Bellevue, Wash. For
additional information, please visit www.emagin.com and
www.3dvisor.com.